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Dalaroo unearths fresh gold clues 1.25km from African discovery

Dalaroo Metals has logged a 34m altered and veined zone 1.25km from its recent high-grade gold discovery in Africa. The geology appears similar, with assays pending.

First reported 3 hours ago · latest update 3 hours ago
✦ T.A.M verified this synthesis across 2 independent outlets. The headline and summary are written neutrally from all citations below.
Sydney Morning Herald Authority 90

In parallel, a diamond drill rig is scheduled to mobilise to the project in mid-to-late October to begin follow-up work around the original high-grade discovery. The company is also finalising plans for an induced polarisation geophysics survey along the entire 7km-long Gold Ridge corridor to help prioritise additional drill targets.

The Bondoukou project lies in the prolific Birimian greenstone belt, a rapidly emerging gold district just 35 kilometres from Endeavour Mining’s giant five-million-ounce Tanda-Iguela gold project. The belt also hosts a string of other multi-million-ounce gold deposits, making it one of Africa’s most well-endowed gold regions.

While West Africa is the clear focus, Dalaroo is also advancing other projects in its portfolio. At its Blue Lagoon project in Greenland, the company is chasing rare earths, while closer to home, an induced-polarisation survey has firmed up several compelling drill targets at its Watheroo copper-nickel-PGE project in WA.

After making a high-grade discovery with some of its earliest drill holes at Bondoukou, Dalaroo now has visual evidence that the system could extend for some distance. With a bevvy of assays due in the coming weeks and a suite of exploration activities kicking off, the market will likely be watching closely to see just how big this West African gold play could be.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

↗ Read the original at Sydney Morning Herald

Citations · 2 reports from 2 outlets

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90 Sydney Morning Herald ★ most authoritative citation

Dalaroo unearths fresh gold clues 1.25km from African discovery

Dalaroo Metals has logged a 34m altered and veined zone 1.25km from its recent high-grade gold discovery in Africa. The geology appears similar, with assays pending.

3 hours ago · Murray Ward
89 The Age (Australia)

Dalaroo unearths fresh gold clues 1.25km from African discovery

Dalaroo Metals has logged a 34m altered and veined zone 1.25km from its recent high-grade gold discovery in Africa. The geology appears similar, with assays pending.

3 hours ago · Murray Ward

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